EURUSD Compressing Above Demand - Next Move IncomingHello traders! Here’s my technical outlook on EURUSD (2H) based on the current chart structure. The pair is trading within a broader bullish environment, supported by a clearly defined rising support line that has guided price higher over time. Earlier in the move, EURUSD entered a consolidation phase, forming a clean range where buyers and sellers were temporarily balanced. This range acted as an accumulation zone before a strong impulsive breakout to the upside, confirming buyer dominance and continuation of the bullish trend. Following the breakout, price accelerated aggressively and pushed into the Seller Zone / Resistance area around 1.1930, where selling pressure increased significantly. This led to a corrective pullback, as sellers defended the resistance and price retraced lower. However, the decline found support at the Buyer Zone near 1.1850, which also aligns with the broader support level and rising structure. This reaction signaled that buyers were still active and willing to defend demand, preventing a deeper breakdown and maintaining the overall bullish structure. Currently, EURUSD is consolidating above the Buyer Zone and holding above the key support level, while respecting the rising channel structure. Price action shows compression just above support, suggesting absorption of selling pressure rather than distribution. Multiple breakout attempts from this area indicate that buyers are gradually regaining control, while sellers are struggling to push price decisively below demand. This type of consolidation after a corrective move often precedes another impulsive leg higher. My primary scenario favors bullish continuation, as long as EURUSD holds above the 1.1850 Buyer Zone and continues to respect the ascending support line. A confirmed breakout and acceptance above the current consolidation would open the path toward the 1.1930 Resistance / Seller Zone (TP1), where sellers may attempt to react again. A clean breakout above this resistance would further strengthen the bullish case and signal continuation of the broader uptrend. On the other hand, a decisive breakdown below the Buyer Zone and loss of structural support would invalidate the bullish setup and shift focus toward a deeper corrective phase. For now, structure, trend, and price behavior continue to favor buyers. Please share this idea with your friends and click Boost 🚀
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EURUSD Short: Corrective Pullback Into Demand Zone 1.1850Hello traders! Here’s a clear technical breakdown of EURUSD (4H) based on the current market structure visible on the chart. EURUSD previously printed a strong impulsive bullish move that topped at a well-defined pivot high, where buying momentum began to weaken and sellers stepped in aggressively. From this pivot point, price reversed and entered a corrective bearish phase, forming a sequence of lower highs and lower lows. This decline was guided by a clean descending supply trend line, confirming controlled selling pressure rather than panic-driven liquidation. During this bearish leg, price also broke below a key rising trend line, reinforcing short-term bearish control. Eventually, the decline slowed near a lower pivot low, where selling pressure faded and buyers started to respond with strong demand. This reaction marked an important structural shift, as price began to stabilize and form higher lows, signaling that bearish momentum was losing strength. Following this pivot, EURUSD reclaimed structure with a strong bullish impulse, breaking above the descending supply trend line and confirming a change in short-term market character. After the breakout, price transitioned into a ranging phase, indicating temporary balance between buyers and sellers rather than immediate continuation. This range acted as a consolidation zone after the impulsive recovery, suggesting accumulation rather than distribution. A bullish breakout from the range confirmed renewed buyer interest and pushed price back into a higher supply area, where upside momentum has recently slowed.
Currently, EURUSD is pulling back from the Supply Zone and approaching the Demand Zone around 1.1850, which aligns closely with a rising demand trend line. This confluence makes the area a key battlefield between buyers and sellers. Price action so far suggests a corrective pullback rather than a full trend reversal, with no strong acceptance below demand yet. As long as price holds above this demand zone and continues to respect the rising trend line, the broader bullish structure remains intact.
My primary short scenario favors a move lower toward the 1.1850 Demand Zone, as long as price remains capped below the Supply Zone and fails to reclaim bullish momentum. The current pullback appears corrective, not impulsive, supporting the short continuation bias toward demand. A strong bearish reaction into 1.1850 would complete the corrective leg, where partial profits can be secured. However, a strong bullish reaction or acceptance above supply would invalidate the short idea and signal renewed upside potential. Until then, structure and price behavior favor a downside rotation into demand. Manage your risk!
EURUSD: Market Structure Flip Signals Upside Potential To 1.1970Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD was previously trading within a clearly defined downward channel, marked by consistent lower highs and lower lows. This structure reflected controlled bearish pressure, where sellers maintained dominance but price action remained technical and orderly. Each corrective rally toward the upper boundary of the channel was met with selling interest, confirming the validity of the bearish trend and the strength of supply at higher levels. As price approached the lower boundary of the descending channel, downside momentum began to weaken. Sellers struggled to extend the move lower, and EURUSD started forming a base. This loss of bearish strength ultimately resulted in a decisive breakout above the downward channel, signaling a potential trend shift rather than a simple correction.
Currently, price broke out of the consolidation range to the upside and held above the reclaimed support, reinforcing bullish intent. The market is now trading above a rising trend line, with higher lows forming, indicating that buyers are gradually gaining control. Overall, EURUSD is transitioning from a bearish structure into a bullish continuation phase, supported by strong structural reclaim and healthy consolidation.
My Scenario & Strategy
My primary scenario favors bullish continuation, as long as EURUSD holds above the key Support Zone and continues to respect the rising trend line. The successful breakout from the downward channel, followed by consolidation and another upside breakout, suggests that the prior bearish move has been exhausted and that sellers are losing control. From a structural perspective, the inability of price to break back below support confirms that recent pullbacks are corrective rather than impulsive. As long as price remains above support, dips are viewed as potential continuation setups within a developing uptrend. The next key upside objective is the Resistance Zone around 1.1970, which aligns with previous resistance and a major supply area. This level represents a logical TP1, where partial profits can be considered and where sellers may attempt to defend the level. A clean breakout and acceptance above this resistance would confirm further bullish expansion and open the door for higher targets.
However, if EURUSD fails to hold above the support zone and breaks decisively below the rising trend line, the bullish scenario would be invalidated, and the market could rotate back into a deeper correction or range. Until such a breakdown occurs, the overall bias remains bullish, with structure favoring continuation to the upside.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Coinranger|EURUSD. Uncertainty at 1.18600🔹The DXY is still uncertain, but there's a high chance it will go to 97.22. Meanwhile, the euro will continue to fall.
🔹Unemployment data will be published at 16:30 UTC+3. It will only have an impact on price if the actual numbers differ significantly from the forecast.
By levels:
Above:
1.19420 - new first wave up (could also be the last)
Below:
1.18363 - full set of downward waves
1.17980 - first extension
1.17685 - second extension
We're monitoring the DXY's behavior. It's uncertainty there.
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EURUSD 8-month Channel Up on a Bearish Leg.The EURUSD pair has been trading within a Channel Up since June and following the January 27 2026 Higher High rejection on an overbought 1D RSI, it started its latest Bearish Leg.
Yesterday's rise resembles the Lower High that both previous Bearish Legs had (orange circles) before they resumed the downtrend to the bottom of the Channel Up and the 0.786 Fibonacci retracement level.
As a result, our short-term Target is 1.16850, which will make a 1D MA200 (orange trend-line) test as well. If the 1D RSI hits its Support Zone earlier, book the profit regardless.
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EURUSD Buyers in Control After Corrective Move, Eyes on 1.1930Hello traders! Here’s my technical outlook on EURUSD (1H) based on the current chart structure. EURUSD previously traded within a strong bullish environment, supported by a well-defined rising trend line. During this phase, price consistently formed higher highs and higher lows, confirming sustained buyer control and healthy upside momentum. This bullish impulse led to a breakout above the key Buyer Zone around 1.1810, which acted as a strong demand area and structural support. After the impulsive move, price reached the Seller Zone / Resistance Level near 1.1930, where selling pressure stepped in. This resulted in a corrective pullback, with price respecting a descending resistance line, indicating a controlled correction rather than a full trend reversal. Importantly, the pullback found support back at the previous Buyer Zone, which has now been tested multiple times and shows clear acceptance as support. Currently, EURUSD is consolidating inside a tight range above the Buyer Zone, while also respecting the rising trend line from below. This compression between horizontal demand and dynamic support suggests that the market is building energy for the next directional move. The recent breakout attempt from the range indicates early bullish intent, while the structure still favors higher continuation as long as support holds. My primary scenario favors a bullish continuation as long as EURUSD remains above the 1.1810 Buyer Zone and continues to respect the rising trend line. The current consolidation appears to be a corrective pause within a broader bullish structure rather than distribution. A successful hold above support could lead to a gradual push higher, with the 1.1930 Resistance / Seller Zone acting as the first upside target (TP1). A clean breakout and acceptance above this resistance would confirm trend continuation and open the door for further upside expansion. However, a strong rejection from the Seller Zone could trigger another pullback toward demand. A decisive breakdown and acceptance below the Buyer Zone and trend line would invalidate the bullish scenario and signal a deeper corrective phase or potential range expansion to the downside. For now, market structure favors buyers, with demand holding firm and price compressing below resistance — a classic setup for a potential continuation move. Please share this idea with your friends and click Boost 🚀
EURUSD: The Rejection That Changes EverythingWe're at $1.18996 in premium territory, and the market just showed its hand. A brutal 58.6% upper wick rejection at $1.19005 printed a textbook shooting star—bears defended this level with conviction. The technical structure? Messy. Higher lows meet lower highs in choppy consolidation, but the rejection signal tips the scale.
1. THE TECHNICAL REALITY 📉
• Price compressed in tight 15-pip range over 24 hours—classic pre-breakout behavior
• Trading in PREMIUM zone closer to resistance than support
• Conflicting structure: higher lows (bullish) vs. lower highs (bearish) = consolidation
• Bearish OB supply zone at $1.18210-$1.18240 acting as concrete ceiling
2. THE INDICATORS ⚖️
Bearish Signals:
• MACD bearish divergence (histogram 0.0010 vs signal 0.0013)—momentum fading
• Shooting star candle with massive 58.6% upper wick at $1.19005
• Distribution pattern from premium zone rejection
Bullish Signals:
• ADX at 71.2 confirms strong trend in play
• Ascending support trendline at $1.18000 (29 touches) still active
• BOS bullish structure technically intact
The Conflict:
RSI dead neutral at 52.5 offers zero directional conviction. We're in no-man's land—strong trend strength but fading momentum creates decision paralysis.
3. THE TRADE SETUP 🎯
🔴 Scenario A: Distribution Breakdown
• Trigger: Confirmed breakdown below $1.18900 with momentum
• Entry: $1.18880 on retest
• Target 1: $1.18550 (40 pips)
• Target 2: $1.18240 (70 pips—bearish OB fill)
• Final Target: $1.18100 (support confluence)
• Stop: $1.18950 (50 pips)
🟢 Scenario B: Structure Flip
• Trigger: Bulls reclaim $1.18110 discount zone + CHoCH bullish
• Entry: 4H close above $1.18240
• Target: $1.18260 (weak high retest)
• Invalidation: Failure to hold above bearish OB at $1.18240
MY VERDICT
This is a 58% confidence setup—not high-conviction. The rejection wick and premium positioning favor shorts, but choppy structure demands smaller position sizing. Patience is the play. Don't force trades in consolidation. Wait for the market to show its hand: either a clean breakdown with momentum or a structural flip above $1.18240. React with precision, don't predict with hope.
EURJPY LongWe are currently observing a strong uptrend in the EUR/JPY pair. Price action remains well supported within the ascending channel, showing no signs of a breakdown. I expect the pair to print a new high. In the event of a reversal, risk can be managed by placing a stop loss below the previous day’s low.
EURUSD Long: Demand Support Fuels Potential Upside Move Hello traders! Here’s a clear technical breakdown of EURUSD (3H) based on the current chart structure. EURUSD previously traded within a well-defined consolidation range, where price moved sideways for a prolonged period, signaling temporary equilibrium between buyers and sellers and gradual liquidity buildup. This ranging phase eventually resolved to the downside, leading to a sustained bearish move that developed into a clean descending channel, characterized by consistent lower highs and lower lows. Price respected the channel structure well, confirming controlled bearish pressure rather than panic selling. The decline culminated at a clear pivot low, where selling momentum weakened and buyers began to step in, triggering a structural shift. Following this pivot point, EURUSD broke out above the descending channel resistance, initiating a sharp bullish impulsive move. This rally reclaimed key levels and pushed price into the former Supply Zone around 1.1860–1.1870, where bullish momentum stalled.
Currently, EURUSD is consolidating above the Demand Zone and along the rising Demand Line, suggesting that the pullback is corrective rather than the start of a new bearish trend. Multiple reactions from this demand area indicate active buyer interest and defense of the level. As long as price continues to hold above the Demand Zone and respects the rising demand structure, the broader bias remains cautiously bullish.
My primary scenario favors upside continuation after consolidation. A successful hold above demand opens the door for a push back toward the 1.1870 Supply Zone (TP1), which represents the first major upside objective and a logical area for partial profit-taking. A clean breakout and acceptance above this supply level would confirm bullish continuation and signal potential expansion toward higher highs. On the other hand, a decisive breakdown and acceptance below the Demand Zone and the rising demand line would invalidate the bullish recovery scenario and signal a deeper corrective move. Until such confirmation appears, current market structure suggests balance with a bullish continuation bias from demand. Manage your risk!
EURUSD: Triangle Resistance Holds - Bearish Bias Toward 1.1730Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded within a well-defined consolidation range, where price moved sideways for an extended period, reflecting temporary balance between buyers and sellers and gradual liquidity accumulation. This range eventually resolved to the downside, initiating a sustained bearish move that developed into a clean downward channel, marked by consistent lower highs and lower lows. This structure confirmed strong seller control and an orderly bearish continuation rather than a panic-driven sell-off. After reaching the lower boundary of the descending channel, selling pressure weakened and price staged a corrective rebound. This rebound led to a breakout above the channel resistance and triggered a sharp bullish impulsive move, which reclaimed the Support Zone and extended into the Resistance Zone around 1.1800–1.1810.
Currently, EURUSD is trading below the Triangle Resistance Line, with price showing a weak pullback and consolidation just under the resistance zone. This behavior suggests a classic bearish retest scenario, where former support has flipped into resistance. The lack of impulsive bullish continuation and repeated rejections from the triangle resistance further reinforce the bearish bias.
My Scenario & Strategy
My primary scenario favors short continuation, as long as EURUSD remains below the 1.1800 Resistance Zone and the descending triangle resistance line. The recent bullish push appears corrective and liquidity-driven rather than the start of a sustainable trend reversal. From a structural perspective, the market has failed to reclaim higher highs, and the rejection from resistance confirms that sellers remain in control. As long as price stays capped below resistance, rallies are viewed as selling opportunities rather than signals of bullish continuation. The first downside objective lies near the 1.1730 Support Zone, which represents a key demand area and a prior reaction level. This zone is expected to act as the first major downside target where buyers may attempt a reaction or short-term stabilization. If EURUSD reaches the support zone and shows strong rejection or consolidation, a temporary bounce is possible.
However, a decisive breakdown and acceptance below 1.1730 would confirm further bearish continuation and open the door for a deeper move toward lower demand areas. The short bias remains valid as long as price respects resistance and the descending structure stays intact. A clean breakout and acceptance above the triangle resistance and the 1.1800 zone would invalidate the short scenario and shift focus back toward bullish continuation. Until then, overall structure clearly favors sellers.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
EURUSD Bullish Recovery After Healthy Correction, Target 1.1870Hello traders! Here’s my technical outlook on EURUSD (4H) based on the current chart structure. EURUSD previously traded within a mixed structure that transitioned from a broader corrective phase into a clear bullish recovery. After forming a base near the rising higher-timeframe trend line, price began to print higher lows, signaling the gradual return of buyer control. This recovery phase was supported by a breakout above the descending triangle resistance line, which marked an important structural shift and confirmed the end of the prior bearish pressure. However, after reaching the upper Resistance / Seller Zone around 1.1870, bullish momentum slowed, and the market faced rejection from this key level. This rejection initiated a corrective pullback, which brought price back toward the former breakout area and the Support Level / Buyer Zone near 1.1780–1.1800. This zone is significant, as it represents previous resistance turned support and aligns with the rising triangle support line, making it a critical area for buyers to defend. Currently, EURUSD is stabilizing above this support zone, suggesting that the pullback is corrective rather than the start of a new bearish leg. As long as price holds above the Buyer Zone and continues to respect the rising support structure, the overall bias remains bullish. My primary scenario favors continuation to the upside after consolidation or a shallow pullback, with a potential move back toward the 1.1870 Resistance Level (TP1). This area stands as the first major upside target and a logical zone for partial profit-taking. If EURUSD manages to break above the 1.1870 resistance with strong acceptance, this would confirm bullish continuation and open the door for further upside expansion. On the other hand, a decisive breakdown and acceptance below the Buyer Zone and rising support line would invalidate the bullish scenario and signal a deeper correction. Until such confirmation appears, EURUSD remains positioned for a bullish continuation within the current market structure. Always manage your risk and trade with confirmation. Please share this idea with your friends and click Boost 🚀
EURUSD Long: Demand Zone Holds - Bulls Preparing Next LegHello traders! Here’s a clear technical breakdown of EURUSD (2H) based on the current chart structure. EURUSD previously traded within a well-defined descending channel, where price consistently respected the descending resistance and support lines, forming a series of lower highs and lower lows. This structure confirmed sustained bearish pressure and orderly downside continuation. The bearish phase eventually reached a key pivot point, where selling momentum weakened and buyers began to step in. Following this pivot, price broke out of the descending channel and transitioned into a ranging phase, indicating temporary balance between buyers and sellers after the trend shift. This range acted as an accumulation zone before the next impulsive move. A clean bullish breakout above the range confirmed renewed buyer control and initiated a strong impulsive rally to the upside.
Currently, EURUSD is pulling back from supply and retesting the Demand Zone around 1.1800, which aligns closely with a rising demand trend line. A brief fake breakout below demand has already occurred, followed by a quick recovery back above the level — a strong sign that sellers failed to gain acceptance below support. This behavior suggests that the current pullback is corrective rather than a full trend reversal.
My primary scenario, as long as EURUSD holds above the 1.1800 Demand Zone and continues to respect the rising demand line, the bullish structure remains intact. A sustained reaction from this area could lead to a renewed upside move, targeting a retest of the 1.1890 Supply Zone (TP1). A clean breakout and acceptance above supply would confirm bullish continuation and open the door for further upside expansion. However, a decisive breakdown and acceptance below the demand zone and trend line would invalidate the bullish scenario and signal a deeper corrective phase. For now, structure, trend, and price behavior continue to favor buyers, with demand acting as the key battlefield. Manage your risk!
EURGBP Channel Down topped. Sell Signal.The EURGBP pair has been trading within a Channel Down since the November 14 2025 High. Yesterday the price hit the pattern's Top (Lower Highs trend-line) and got rejected exactly on the 1D MA50 (blue trend-line), similar to the previous Lower High.
That High initiated a -1.52% Bearish Leg and we expect the market to drop at least by the same % as it's the minimum Bearish Leg drop it had within this Channel Down. As a result, our Target s 0.85900, which would also make a perfect test of the 1W MA200 (red trend-line), the market's natural long-term Support.
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EURUSD: Buyers Defend 1.1780 - Upside in Focus 1.1870Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD was previously trading within a well-defined downward channel, where price consistently respected the descending resistance and support boundaries, forming a series of lower highs and lower lows. This structure confirmed sustained bearish control and orderly downside continuation. During this phase, several bearish pushes developed smoothly within the channel, highlighting strong seller dominance. After breaking the channel, EURUSD continued higher and successfully reclaimed the Support Zone around 1.1780, which acted as a key decision level. The breakout and subsequent hold above this zone confirmed a change from bearish structure into a bullish recovery phase. Price then accelerated toward the 1.1870 Resistance Zone, where supply became active again, resulting in consolidation and multiple breakout attempts.
Currently, price is trading above the rising trend line, while also forming a descending corrective structure beneath the triangle resistance line. Despite the pullback, the market continues to respect higher lows, suggesting that the recent decline is corrective rather than impulsively bearish. The ability of EURUSD to hold above the support zone keeps the bullish structure intact.
My Scenario & Strategy
My primary scenario favors a long continuation as long as EURUSD holds above the 1.1780 Support Zone and respects the rising trend line. The current consolidation appears to be a corrective pause within a broader bullish structure. A successful break and acceptance above the triangle resistance and the 1.1870 Resistance Zone would likely trigger renewed upside momentum. If buyers manage to reclaim and hold above resistance, the next bullish leg could extend higher, following the direction of the dominant trend.
However, a decisive breakdown below the support zone and trend line would weaken the bullish scenario and signal a potential deeper correction or range formation. For now, structure favors buyers, with pullbacks viewed as opportunities for continuation rather than trend reversal. EURUSD remains at a key technical decision area, and price reaction around support will be critical for the next move.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Coinranger|EURUSD. Continued decline🔹DXY continues to move higher. Potential to reach 98.353 - the first extension of the upward move
🔹This evening at 18:00 UTC+3, the JOLTS employment report
🔹The earnings season continues in the US.
By level:
Above
1.18500 - first upward move
1.18715 - or here
1.19100 - full upward move
1.19420 - first extension
Below
1.17763 - full downward move
1.16500 - first downward extension
There's a chance of a slight pullback and then a further decline, or a significant drop from the current level. There are a potential early stops possible at M15 levels.
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EURUSD Market StructureEURUSD is trading mid-range.
London is set to push price into a key area: 1.1798–1.1803.
This suggests potential delivery into premium as we head into NY.
HTF bias remains bearish.
I’m only interested in shorts after premium is tapped and structure confirms.
No confirmation, no trade.
If it shows up, I execute.
If not, I stay flat.
EURUSD Bulls Take Control - 1.1940 as Next TestHello traders! Here’s my technical outlook on EURUSD (3H) based on the current chart structure. EURUSD previously traded within a well-defined ascending channel, where price consistently respected both the rising support line and the channel resistance, confirming steady bullish control and healthy trend conditions. During this phase, the market printed higher highs and higher lows, showing strong buyer dominance. However, after reaching the upper boundary of the channel, bullish momentum began to weaken, and price transitioned into a corrective phase. This correction unfolded gradually, signaling profit-taking rather than an immediate trend reversal. Following the pullback, EURUSD formed a rising triangle structure supported by a clear ascending support line. Price then broke impulsively to the upside, signaling a structural shift and renewed buying interest. This breakout pushed price above the Buyer Zone around 1.1860, confirming acceptance above previous resistance turned support. The bullish impulse extended into the Seller / Resistance Zone near 1.1940, where price is currently reacting. At this level, sellers have started to show interest again, and price is consolidating below the resistance, indicating hesitation and potential short-term exhaustion after the strong rally. Structurally, the Buyer Zone around 1.1840–1.1860 now acts as a key support area. As long as price holds above this zone and respects the rising triangle support line, the broader bullish structure remains intact. A sustained hold above support favors a continuation move toward the 1.1940 Resistance Level, which stands as the primary upside target (TP1). This level also represents a critical decision zone where either continuation or rejection is likely to occur. My scenario: holding above the Buyer Zone keeps the bullish continuation scenario valid, with a potential retest of the 1.1940 Resistance Level. A clean breakout and acceptance above this resistance would open the door for further upside expansion. However, a strong rejection from resistance followed by a breakdown below the Buyer Zone would invalidate the bullish bias and signal a deeper corrective move. For now, EURUSD is trading at a key structural area, with buyers attempting to defend support and push price higher. Please share this idea with your friends and click Boost 🚀
Coinranger|EURUSD. Potential return to growth🔹DXY has made its first wave up. The potential of a move is still up to 97.43, but we could already be starting to reverse.
🔹Manufacturing PMI (18:00 UTC+3) and budget funding vote today
🔹The earnings season continues in the US
Levels:
Above
1.21657 - first extension up
1.20657 - full set up
1.20000 - first wave up
Below
1.18470 - first wave down
1.17763 - full set down
1.16500 - first extension down
The situation is unclear for now. While the PMI will influence the trend, it's difficult to say how the pice will react on the vote. Let's watch the US session.
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EURUSD SHORTS - IMMENSE SELL PRESSURE CONTINUATIONAfter closing in profit yesterdays move i am expecting a continuation of EURUSD sells.
EURUSD has failed to maintain price above 1.18679 support zone, we can see immense selling pressure on the daily and on the weekly a bearish pin bar candle this also in confluence with the dollars strength and the rising dollar.
I am expecting the pair to continue this downside momentum.
TP1: 1.17500
TP2; 1.16768
EURUSD SHORTS - IMMENSE SELL PRESSURE EURUSD has failed to maintain price above 1.18679 support zone, we can see immense selling pressure on the daily and on the weekly a bearish pin bar candle this also in confluence with the dollars strength and the rising dollar.
I am expecting the pair to continue this downside momentum.
TP1: 1.17500
TP2; 1.16768






















